leverage
/ˈliːv(ə)ɹɪdʒ/
Meanings
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noun
The ability to use something, typically a resource or asset, in an effective and productive way to maximize profit or achieve a goal.
- "The company's strategic use of leverage allowed it to expand rapidly."
- "Investors can use financial leverage to increase their potential returns."
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noun
The mechanical advantage gained by a machine or structure, such as a pulley or lever.
- "The seesaw is a simple machine that provides leverage to help children lift heavy weights."
- "The hydraulic system in a car uses leverage to amplify the force applied to the brakes."
Pronunciation
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/ˈliːv(ə)ɹɪdʒ/
Source: "https://commons.wikimedia.org/w/index.php?curid=949297"
Synonyms
operating leverage , mechanical advantage , financial leverage , exploit , use
Rhymes
Words rhyming with leveragelevitate , create , fate , great , hate , late , mate , state
Variants
List of all variants of leverage that leads to same resultleverage , leverages , leveraged , leveraging
Etymology
origin and the way in which meanings have changed throughout history.From Old French 'lever' meaning 'to raise'.
Trivia
Any details, considerations, events or pieces of information regarding the word-
The longest lever in the world is the 127-meter-long (417-foot-long) Children's Water Playground Lever in Denmark.
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The term 'leverage' was first used in English in the 15th century.
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The word 'leverage' is also used in the context of software development to refer to code that is reused across multiple projects or applications.
Related Concepts
informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to-
leveraged buyout: A type of financial transaction in which a company is bought using a significant amount of borrowed money, with the expectation that the company's assets will generate enough cash flow to pay off the debt and provide a profit to the investors.
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leverage ratio: A financial metric that measures the amount of debt a company is using to finance its assets relative to its equity.
Culture
Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.Leverage has been a common theme in finance and business literature, particularly in discussions of risk management and investment strategies. It has also been used metaphorically in various forms of art and music to represent power or advantage.
How to Memorize "leverage"
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visualize
- Imagine a seesaw. One end is held down, while the other end is lifted up. The force applied to the lifted end is multiplied, providing leverage to lift a heavier load.
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associate
- Think of a financial investment. The more money you borrow to invest, the greater your potential returns, but also your potential losses.
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mnemonics
- Leverage: Lift Every Vehicle And Generate Energy.
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